The City Government of Muntinlupa just added a new achievement to its record as it finished 8th among the many cities of the nation with regards to collection efficiency of local revenues for the year 2021, the Manila Bulletin reported.
To put things in perspective, posted below is the excerpt from the Manila Bulletin news report. Some parts in boldface…
The Muntinlupa City government took eighth place among cities in the Philippines in collection efficiency of local revenues in 2021.
The Bureau of Local Government Finance (BLGF) under the Department of Finance (DOF) announced the top performing provinces, cities, and municipalities based on locally sourced revenues (LSRs).
LSRs “are collections generated by LGUs [local government units] from real property tax, tax on business, other taxes, regulatory fees, service/user charges, and receipts from economic enterprises,” according to the BLGF.
“External Sources, on the other hand, are from Internal Revenue Allotment (IRA), other shares from national tax collection, inter-local transfer and extraordinary receipts/grants/donations/aids while other receipts include interest income and miscellaneous income,” according to the bureau.
Based on collection efficiency of LSRs, Muntinlupa LGU recorded a collection rate of 129.8 percent when its LSRs in 2021 totaled P3.728 billion, exceeding the target of P2.871 billion.
“Congratulations, Muntinlupa City! With a collection efficiency of 129.8%, Muntinlupa City is Top 8 in Collection Efficiency of Locally Sourced Revenues Nationwide for fiscal year 2021,” Muntinlupa Mayor Ruffy Biazon posted on Facebook.
The top 10 cities in collection efficiency of LSRs are Urdaneta City in Pangasinan, Taguig, Dasmarinas in Cavite, San Pedro in Laguna, Valenzuela, Roxas City in Capiz, Lapu-Lapu in Cebu, Muntinlupa, Cagayan de Oro City, and San Juan.
Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this recent development? Are you feeling happy knowing that collection efficiency by the City Government has been very good?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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